"SPLG's mandate is straightforward: track the total return performance of an index that follows large capitalization exchange-traded U.S. equity securities, benchmarked to the S&P 500. The fund makes money the same way the American economy does: through earnings growth and reinvested dividends of 500 large U.S. companies."
"The current environment is genuinely unsettling. WTI crude oil has surged 48% in a single month to $93 per barrel, reflecting conflict-related supply disruptions. The VIX sits at 25.09, a level historically associated with meaningful investor stress."
"History offers a useful counterweight. Investors who sold at the first sign of conflict typically fared worse than those who stayed put. SPLG's longer-term track record reflects this resilience, returning 19% over the past year and compounding to more than 283% over a decade."
Oil prices have increased significantly, causing uncertainty in the market. Retirees are advised to maintain their investments, particularly in the SPDR Portfolio S&P 500 ETF (SPLG), which offers low-cost exposure to large U.S. companies. SPLG tracks the S&P 500 without complex strategies, focusing on earnings growth and dividends. Despite current market volatility, historical data suggests that staying invested typically yields better outcomes than selling during conflicts. SPLG has shown resilience, with a 19% return over the past year and over 283% over the last decade.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]